Adjustment Based on Fair Market Value. Any revaluation adjustment to a Member’s Capital Account is based on the Fair Market Value of Company property on the date of the adjustment (taking into account Code Section 7701(g)).
Appears in 3 contracts
Samples: Operating Agreement (Efund City Metro Income Fund LLC), Operating Agreement (Efund City Metro Income Fund LLC), Operating Agreement (Efund City Metro Income Fund LLC)
Adjustment Based on Fair Market Value. Any revaluation adjustment to a Member’s Capital Account is will be based on the Fair Market Value fair market value of Company property on the date of the adjustment (taking into account under Code Section 7701(g)).
Appears in 1 contract
Adjustment Based on Fair Market Value. Any revaluation adjustment to a Member’s Capital Account is based on the Fair Market Value of Company LLC property on the date of the adjustment (taking into account Code Section 7701(g)).
Appears in 1 contract
Samples: Operating Agreement
